Benteler Automotive Corporation, a subsidiary of Austria-based Benteler Group, has announced that it will invest $47.9 million to improve its automotive production and assembly plant in the US.
Within the scope of the investment plan, the company will modernize the machinery and equipment at its Spartanburg plant, in which it produces chassis modules, exhaust systems and welded assemblies for global auto manufacturers. Also, Benteler will make production at the plant in question more efficient with the upgrades.